Kenvue Inc. (KVUE)
Current ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 5,525,000 | 5,941,000 | 5,881,000 | 6,097,000 | 6,138,000 |
| Total current liabilities | US$ in thousands | 5,739,000 | 5,946,000 | 5,937,000 | 6,166,000 | 5,481,000 |
| Current ratio | 0.96 | 1.00 | 0.99 | 0.99 | 1.12 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $5,525,000K ÷ $5,739,000K
= 0.96
The current ratio of Kenvue Inc. as of December 31, 2023, stood at 1.12, indicating that the company had $1.12 in current assets for every $1 in current liabilities. This suggests a strong ability to cover its short-term obligations.
However, the current ratio saw a decrease in subsequent periods, dropping to 0.99 as of both March 31, 2024, and June 30, 2024. This may raise concerns as the company's ability to meet its short-term liabilities slightly weakened.
Despite this, by September 30, 2024, the current ratio improved slightly to 1.00, showing a balanced position between current assets and liabilities. However, the ratio dipped again to 0.96 by December 31, 2024, signaling a slight deterioration in the company's short-term financial position.
Overall, fluctuations in Kenvue Inc.'s current ratio over the analyzed periods indicate varying levels of liquidity and potential challenges in managing short-term obligations. Monitoring and managing current assets and liabilities effectively will be crucial for the company to ensure financial stability and meet its short-term commitments.
Peer comparison
Dec 31, 2024